ECONOMIC AND FINANCIAL NEWS BULLETIN 08/29/2024

Posted date: August 29, 2024 Updated date: 08/29/2024

Index

ECONOMIC AND FINANCIAL NEWS BULLETIN 08/29/2024

US Stock Market Situation Yesterday, August 28

US stocks fell on Wednesday as investors awaited NVDA's second-quarter earnings report. The S&P 500 fell 0.6% to 5,592.18 points. The Nasdaq fell 1.12% to 17,556.03 points. The Dow Jones fell 0.39% to close at 41,091.42 points.

On the US Treasury bond situation yesterday august 28

The yield on the 10-year US Treasury note continued to rise slightly, to 3.839%.

About the Dollar Index situation

The Dollar Index rose 0.49% to 101.04 points as the market awaits new economic data.

About Gold Situation

World gold prices today turned down with spot gold down 19.8 USD, down to 2,505.1 USD/ounce. Gold futures last traded down 21.1 USD compared to early yesterday morning, down to 2,538.9 USD/ounce.

Regarding the commodity trading market situation, some notable developments

At the end of the trading session on Wednesday, oil prices continued to fall about 1% after data showed that US crude oil inventories decreased less than expected as well as demand in China remained low. Specifically, Brent crude oil prices decreased by 90 cents, equivalent to 1.13%, to 78.65 USD/barrel. WTI crude oil prices decreased by 1.01 USD, equivalent to 1.34%, to 74.52 USD/barrel.

Source: SFVN – Commodity investment with experts

Share:

Picture of HVA Group

HVA Group

HVA shares are a sustainable profitable choice in the investment field. Committed to bringing safety and maximum benefits to investors through effective investment solutions.
HVA shares are a sustainable profitable choice in the investment field. Committed to bringing safety and maximum benefits to investors through effective investment solutions.

Related Articles